Karan Information Technology Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 17.05 Cr
- Revenue Growth -96.91%
- Profit Growth -84.48%
- Ebitda -19.21%
- Net Worth -60.51%
- Total Assets -5.88%
About Karan Information Technology
Karan Information Technology Private Limited (KITPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 2004 and has a history of 20 years and 11 months. Its registered office is in Navi Mumbai, Maharashtra.
The Corporate was formerly known as Karan Press & Printers Pvt Ltd. The Company is engaged in the Telecom Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹17.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sachin Salvi and Madhusudan Salvi serve as directors at the Company.
Company Details
-
LocationNavi Mumbai, Maharashtra
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U22200MH2004PTC144746
-
Company No.
144746
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
26 Feb 2004
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Karan Information Technology?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sachin Salvi | Additional Director | 03-Jan-2024 | Current |
Madhusudan Salvi
|
Additional Director | 25-Apr-2010 | Current |
Financial Performance of Karan Information Technology.
Karan Information Technology Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.91% decrease. The company also saw a substantial fall in profitability, with a 84.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 60.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Karan Information Technology?
In 2023, Karan Information Technology had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹100.00 M
₹170.50 M
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2024 | Others | ₹10.00 Cr | Open |
| 08 Jun 2018 | Hdfc Bank Limited | ₹8.00 Cr | Satisfied |
| 02 Dec 2017 | Hdfc Bank Limited | ₹8.00 Cr | Satisfied |
| 07 Dec 2006 | Parsik Janata Sahakari Bank Limited | ₹1.05 Cr | Satisfied |
How Many Employees Work at Karan Information Technology?
Unlock and access historical data on people associated with Karan Information Technology, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karan Information Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Karan Information Technology's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
